1-bed · 978 sqftTorch Tower, Dubai Marina · 23rd floor · completed 2011

2308, Torch Tower

Sold prices and rental history: sold 3 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2308 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 910K22 December 2022
Current rentAED 93K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2308, Torch Tower

What is 2308 worth today?

Last sold for AED 910,000 in 2022

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12 Oct 2026RentedNew contract
AED 93,000/yr12 months · AED 95 per sqft
15 Feb 2025RentedNew contract
AED 105,000/yr12 months · AED 107 per sqft
15 Feb 2025RentedNew contract
AED 105,000/yr12 months · AED 107 per sqft
10 May 2024RentedNew contract
AED 85,393/yr7 months · AED 88 per sqft
10 May 2024RentedNew contract
AED 85,393/yr7 months · AED 88 per sqft
18 Sep 2023RentedNew contract
AED 66,178/yr5 months · AED 68 per sqft
22 Dec 2022SoldReady
AED 910,000AED 930 per sqft
22 Dec 2022RentedNew contract
AED 63,594/yr9 months · AED 65 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
1-bed apartment
Size
978 sqft
Floor
23rd of 84
Parking
P2-68
Developer
Torch Select
Completed
2011
Service charge
AED 20,700 /yr
Last sold
AED 910K · December 2022
Building
Torch Tower

About 2308, Torch Tower

2308 is a one-bedroom apartment of 978 sqft on the 23rd floor of Torch Tower, a 84-storey tower in Dubai Marina completed in 2011 by Torch Select. It last sold on 22 December 2022 for AED 910,000, or AED 930 per sqft, in line with the AED 945 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 18 Ejari contracts. The current contract, signed on 12 October 2026, is AED 93,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 20,700 a year.

Sales and rents for 2308 over time

Sales
Unit 2308, each saleTypical one-bed in Torch Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,077,057; 2010 AED 882,795; 2011 AED 805,052; 2012 AED 828,563; 2013 AED 1,122,500; 2014 AED 1,292,778; 2015 AED 1,172,956; 2016 AED 1,160,000; 2017 AED 1,220,000; 2018 AED 900,000; 2019 AED 776,500; 2020 AED 595,000; 2021 AED 700,000; 2022 AED 910,000; 2023 AED 1,045,000; 2024 AED 1,300,000; 2025 AED 1,255,000; 2026 AED 1,320,000Sold by developer, March 2009: AED 872,520 (AED 892 per sqft)Sold, March 2012: AED 872,520 (AED 892 per sqft)Sold, December 2022: AED 910,000 (AED 930 per sqft)

2308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2308, each contractTypical one-bed in Torch Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 77,000; 2014 AED 89,250; 2015 AED 95,000; 2016 AED 94,048; 2017 AED 85,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 54,500; 2021 AED 55,000; 2022 AED 63,800; 2023 AED 70,000; 2024 AED 85,000; 2025 AED 85,000; 2026 AED 84,000New contract, February 2013: AED 75,000 a yearRenewal, February 2014: AED 75,000 a yearRenewal, February 2015: AED 86,100 a yearRenewal, February 2016: AED 94,350 a yearNew contract, July 2016: AED 90,000 a yearRenewal, July 2017: AED 90,000 a yearRenewal, July 2018: AED 75,000 a yearRenewal, July 2019: AED 65,000 a yearRenewal, July 2020: AED 58,000 a yearNew contract, September 2021: AED 55,000 a yearRenewal, September 2022: AED 60,500 a yearNew contract, December 2022: AED 63,594 a yearNew contract, September 2023: AED 66,178 a yearNew contract, May 2024: AED 85,393 a yearNew contract, May 2024: AED 85,393 a yearNew contract, February 2025: AED 105,000 a yearNew contract, February 2025: AED 105,000 a yearNew contract, October 2026: AED 93,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Torch Tower, and where 2308 sits

All 220 1-beds →

2308 last sold in December 2022 at AED 930 per sqft, in line with what one-beds in Torch Tower were fetching at the time (AED 945). Over the last 12 months one-beds sold for AED 175,586 to 1,500,000, around AED 1,476 per sqft, and rent for AED 22,500 to 135,000 a year. 2308's AED 93,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Aug 20261,450,000
13 Aug 20261,050,000
7 Aug 20261,100,000
9 Jul 20261,304,288
12 1-bed sales in the last 12 months

Torch Tower

Building

675 apartments, 1-bed to 4-bed over 84 floors in Dubai Marina, completed in 2011 by Torch Select. 41 sold in the last 12 months.

Typical price per sqft
AED 1,493 Up 9.9%
Typical sale
AED 1.79M
Typical rent
AED 106K /yr
Typical yield
6.2%
Torch Tower, Dubai Marina: prices, sales and rents →

Other units on the 23rd floor

All 675 units in Torch Tower
Value
23011-bedAED 858K · Dec 2011
23021-bedAED 910K · Mar 2018
23032-bedAED 1.59M · Mar 2009
23041-bedAED 1.23M · Aug 2009
23051-bedAED 1.31M · Dec 2024
23062-bedAED 1.12M · Oct 2011
23071-bedAED 1.25M · Apr 2009
1–7 of 11

2308, Torch Tower in numbers

  • Sold 3 times: first on 1 March 2009 for AED 872,520, last on 22 December 2022 for AED 910,000 (AED 930 per sqft).
  • Rented since February 2013 on 18 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2021 and recovered to AED 93,000 by October 2026.
  • At AED 93,000 a year the gross yield on the 2022 price is 10.2%, before a service charge of about AED 20,700 a year (AED 21.19 per sqft).
  • One-beds in Torch Tower sold for AED 175,586–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,493 per sqft.

Source: Dubai Land Department. Updated 12 October 2026.

Questions about 2308, Torch Tower

What did unit 2308 last sell for?

AED 910,000 on 22 December 2022: AED 930 per sqft for 978 sqft. The unit has 3 registered sales; the first was AED 872,520 in March 2009.

What is the rent for unit 2308?

AED 93,000 a year on the contract signed on 12 October 2026. The previous contract, from February 2025, was AED 105,000; the unit has been rented since February 2013.

How big is unit 2308?

978 sqft (90.9 sqm): a one-bedroom apartment on the 23rd floor of a 84-storey tower completed in 2011.

What is unit 2308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Torch Tower sold for AED 175,586 to 1,500,000 in the last 12 months, around AED 1,476 per sqft.

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Mortgage on 2308, Torch Tower

Starts from the last sale price (AED 910K, 22 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →